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Strategies & Market Trends : The Player's Club -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (11052)10/4/2000 1:48:54 PM
From: Chip McVickar  Respond to of 11513
 
>>Where do you see us from here? I've got a notch that sayz 1520 by 10/13. <<

Lower..!

The Nasdaq looks terrible...an important support area was broken recently.
I now expect a retest of 3000.

Also, unless the major players in the Nas can move, I don't believe the Dow/S&P can move much higher either. 1520 SPX looks high..!

I'm expecting some consolidation for a few days and then lower for all the markets. There needs to be some positive news from somewhere that ends the uneasiness. Maybe by the middle of October....say the 16th we could start up again.